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USIH Usi Hldgs Corp (MM)

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Share Name Share Symbol Market Type
Usi Hldgs Corp (MM) NASDAQ:USIH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

USI Holdings Corporation Closes Acquisition of Steven E. Goldin Insurance, Inc.

15/05/2007 7:54pm

Business Wire


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USI Holdings Corporation today announced the acquisition of Miami, FL-based benefits broker, Steven E. Goldin Insurance, Inc. ("Goldin"). Goldin provides benefits products and services to mid-sized businesses throughout Southeast Florida. Goldin is expected to contribute approximately $2.0 million of revenues to USI on an annual basis. Commenting on the acquisition, Jeffrey J. Haynes, CEO, USI Southeast Region, said, "Our primary goal is providing the highest quality products and services to our clients. We continue to accomplish this through completing strategic acquisitions that enable us to offer a full range of insurance and financial services. Goldin will enhance our existing Coral Gables operation with benefits expertise and provide an opportunity for us to bring our property & casualty expertise to their existing clients. I look forward to working with Steve Goldin as USI’s Benefits Practice Leader in our Coral Gables office." Steven E. Goldin, President, Steven E. Goldin Insurance, Inc. commented, "Since 1984, I have been bringing benefits expertise to clients in Southeast Florida. By joining the USI team, my clients will have access to a complete range of property and casualty solutions from a trusted source. I am pleased to have this opportunity and look forward to working with the entire USI team." About USI Holdings Corporation Founded in 1994, USI is a leading distributor of insurance and financial products and services to businesses throughout the United States. USI is headquartered in Briarcliff Manor, NY, and operates out of 67 offices in 18 states. Additional information about USI may be found at www.usi.biz.

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